HCMC LEADS VIETNAM IN BUDGET REVENUE WITH OVER VND800 TRILLION COLLECTED IN 2025

An aerial view of downtown HCMC along the Saigon River - PHOTO: LE VU

HCMC – HCMC recorded total budget revenue of VND800.043 trillion by December 31, 2025, maintaining its position as Vietnam’s top revenue contributor.

According to the HCMC Department of Finance, the figure exceeded the central government’s target by 19.1% and the city People’s Council’s estimate by 14.7%. Hanoi ranked second with VND704.579 trillion in revenue, the Vietnam News Agency reported.

The result was significantly higher than the projection previously announced by the Department of Finance at a media briefing on December 30.

Domestic revenue accounted for the largest share, reaching VND574.24 trillion. This was equivalent to 126.8% of the target assigned by the central government and 120.8% of the estimate approved by the city People’s Council.

The city also recorded VND8.331 trillion in revenues that are in the process of being accounted for in the state budget. These include contributions from e-commerce, digital platform-based businesses, and cross-border services.

With this performance, HCMC’s domestic revenue in 2025 not only met but exceeded the government’s target of at least a 25% increase compared with the estimate set by the Prime Minister for the year.

Source: The Saigon Times